The direct cost to the Australian economy of mental illness was $180Bn per year before COVID-19 and CEOs are depressed at more than double the rate (Barnard, 2014).
Are some senior managers not performing who should be?
Working lives are getting longer but careers much shorter...
The challenge presenting to senior managers is getting ever more complex and recent research has found that over 40% of executive hires fail within 18 months. Also research indicates that up to 25% of top global CEOs suffer some form of mental illness.
MarkTwo uses the Universal Hierarchy of Motivation (UHM) a holistic 3-dimensional psychological instrument to help executives succeed by taking them on a journey of self-discovery which magnifies their capabilities.
Coaching can make a very significant difference with ROI (Return on Investment) studies in the executive coaching field showing returns of about 6 times the financial outlay, and the benefits do not stop there with:
Tangible results including:
- Better quality work (reported by 48% of respondents)
- Improved productivity (53%)
- Greater organisational strength (48%)
Intangible results including:
- Better relationships with direct reports (reported by 77% of respondents)
- Better relationships with supervisors (71%)
- Improved teamwork (67%)
- Better relationships with peers (63%)
- Greater job satisfaction (61%)
From our experience, if you look after the intangibles then the tangibles will follow.
4 Reasons to introduce MarkTwo’s Executive Coaching into your company
1) Access practical wisdom (see the difference we make...)
MarkTwo's executive coaches have both the qualification and experience to help executives grow further and overcome their increasing challenges. Our principal executive coaches (Mark Oliver and Graham Robertson) are graduates of the Australian Institute of Company Directors and understand the wider issues.
2) Improve your bottom line (read the feedback we get...)
Return on Investment’ Studies show Executive Coaching can give over 600% return on the cost of the coaching and one sales director, in the field of information technology, grew his business 1200% over the 3 years that MarkTwo coached him. He said that the growth he achieved for the business was significantly helped by MarkTwo’s coaching.
3) Increase the productivity and quality of your employees' work (see how we help you...)
Coaches typically report a 53% improvement in productivity and 48% in quality of work when coached well, and our coaching makes a difference.
4) Enhance your staff’s relationships and teamwork (see our results...)
Coaches typically report a 77% improvement in relationships with direct reports and 67% improvement in teamwork when coached well.
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Testimonial (read more...)
Deeply cynical about the efficacy of executive coaching I quickly came to see the value in what Mark Oliver can offer those who aspire to be better leaders through understanding themselves - Dr David Cox, Senior Lecturer, Macquarie University